the cost of extracting shale “black gold” this year in the United States will decrease by 50% compared to last year because of the pandemic of a new type of coronavirus, but “bury” the shale industry is still very early.
this IEA experts write in the report World Energy Investment by 2020.
this year, the US recorded the biggest drop in investment in the energy sector — more than 25 percent compared to last year mainly due to the hydrocarbon industry.
“the Shock was most severe for some small and medium-sized North American operators, though “bury” the industry is still too early”, — stated in the report.
a Day earlier it was reported that in the United States bankruptcy announced by the company Unit, specializing in the production of shale oil.
according to the newspaper The Wall Street Journal, the company had previously cut staff by 30%. The company’s debt exceeds $ 650 million.
